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Debrecen Pharma R&D (RSFF)

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Debrecen Pharma R&D (RSFF)

  •  Reference: 20080302
  •  Release date: 03 March 2009
Promoter – Financial Intermediary

The promoter is one of the top 20 pharmaceutical companies in the world and the largest generic pharmaceutical company.

Location
  • Hungary
Description

The project concerns financing the R&D for new Active Pharmaceutical Ingredients (APIs), innovative drug compounds and new generic drugs located in Debrecen, Gödöllö and Sajobabony, as well as two related capital expenditure investments in R&D Centres in Debrecen and Gödöllö.

Objectives

The aim of the first, R&D part of the project is the commercialisation of more than 30 new generic compounds up to 2013. The purpose of the capital expenditure investments is to increase the existing R&D infrastructure.

Comments
 
Sector(s)
  • Industry
Proposed EIB finance (Approximate amount)

EUR 100 million.

Total cost (Approximate amount)

EUR 200 million.

Environmental aspects

Installations for the R&D Centre in Debrecen will fall under Annex II of the EIA Directive 85/337/EEC, amended by Directives 97/11/EC and 2003/35/EC. Whether the competent authorities have required an EIA or not will be verified during appraisal, as well as any actual/possible significant impacts on protected flora and fauna (Habitats and Birds Directives). Compliance of R&D activities with relevant EU legislation in regards to animal testing, clinical trials, etc. will be verified during appraisal.

Procurement

The promoter is a private company not operating in the Utilities sector, and is thus not covered by EU Directives 2004/18/EC. The promoter carries out competitive international consultations among potential suppliers for goods and services, which is standard practice for this industry.

Status

Signed   -   24/09/2009.


Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. Therefore data provided on this page is indicative and cannot be considered to represent official EIB Policy (see also the Explanatory notes).



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